A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Activision Blizzard
Our trading algorithm values Activision Blizzard (ATVI) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Sell |
| Current Price | $73.12 |
| 60 Day Prediction | $68.07 |
| 60 Day Pred - Lower Bound | $63.45 |
| 60 Day Pred - Upper Bound | $72.71 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.037 * nr_days_in_the_future + 69.173
Based on this information, our algorithm recommends the trading decision: Sell. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
ATVI traded at $73.12 this Friday October 14th, loosing $-0.63 or -0.8615935855492262 percent since last week.
Looking back, over the last month, ATVI has been loosing $-2.82 or -3.856673398382823 percent.
Over the last year, it has been loosing $-4.06 or -5.552512863907863 percent.
Seasonality of Activision Blizzard
Using our AI model, we have been analyzing the value change for Activision Blizzard depending on the day or month of a year. This can be seen in the following graph:
